April 09, 2007
– Comments (1)
Investing thoughts about investing thoughts about Stamps.com.
Hey Wax. Had to laugh when I saw Stamps.com down 16% today on a guidance-driven downgrade and remembered this post. Plugging the new guidance from the company into his formula gives a market value of $18.40. He still has it listed on his site, will be interesting to see if he tapdances or if it just vanishes. The Stamps.com ad Google posted on your site was a nice touch. Hope you got some puts, or at least shorted it. Nice call.